Question 1

What does the Stochastic Oscillator suggest about EDOC's trend?

Accepted Answer

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Question 2

How did EDOC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 04, 2024. You may want to consider a long position or call options on EDOC as a result. In 60 of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 88%.

Question 3

What does MACD indicator imply for EDOC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for EDOC turned negative on September 04, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 40 similar instances when the indicator turned negative. In 37 of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.

Question 4

What is the significance of the 50-day moving average indicator for EDOC?

Accepted Answer

EDOC moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for EDOC?

Accepted Answer

The 10-day moving average for EDOC crossed bullishly above the 50-day moving average on August 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 8 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 62%.

Question 6

What does a 3-day price advance indicate for EDOC?

Accepted Answer

Following a +2.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where EDOC advanced for three days, in 206 of 241 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.

Question 7

What does a 3-day decline signify for EDOC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EDOC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 88%.

Question 8

What does EDOC breaking above its upper Bollinger Band indicate?

Accepted Answer

EDOC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 32 of 34 cases where EDOC's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.

Question 9

How does the Aroon Indicator reflect on EDOC's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 154 of 197 cases where EDOC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 78%.

EDOC Stock Global X Telemedicine & Digital Hlth ETF (EDOC, $9.17) entered Uptrend as Momentum indicator ascends above 0 level on Sep 04, 2024

EDOC in upward trend: price expected to rise as it breaks its lower Bollinger Band on August 07, 2024

General Information